Last updated: 4 January 2024 at 5:15pm EST

Michael Lovett Net Worth




The estimated Net Worth of Michael J Lovett is at least $1.75 Million dollars as of 14 November 2022. Mr. Lovett owns over 199,999 units of Globalstar stock worth over $712,045 and over the last 21 years he sold GSAT stock worth over $983,038. In addition, he makes $50,000 as Independent Director at Globalstar.

Mr. Lovett GSAT stock SEC Form 4 insiders trading

Michael has made over 7 trades of the Globalstar stock since 2006, according to the Form 4 filled with the SEC. Most recently he exercised 199,999 units of GSAT stock worth $94,000 on 14 November 2022.

The largest trade he's ever made was exercising 199,999 units of Globalstar stock on 14 November 2022 worth over $94,000. On average, Michael trades about 20,755 units every 214 days since 2004. As of 14 November 2022 he still owns at least 588,467 units of Globalstar stock.

You can see the complete history of Mr. Lovett stock trades at the bottom of the page.





Michael Lovett biography

Michael J. Lovett serves as Independent Director of the Company. Since October 2012, Mr. Lovett has served as managing partner of Eagle River Partners LLC, a privately held investment and advisory company. Until April 2012, Mr. Lovett served as the CEO and President of Charter Communications. Previously he was COO and joined Charter in August 2003 as Senior Vice President of Operations. Mr. Lovett has served as a member of the board of directors of various public and private companies, including Charter Communications from February 2010 to April 2012, SATMAP Incorporated d/b/a Afiniti, a private Delaware company, from July 2012 to July 2017, and St. Louis Public Broadcasting Nine Network Media from June 2011 to February 2014. He has also served as a member of the advisory board of Afiniti, Ltd., a private Bermuda company, since February 2016.

What is the salary of Michael Lovett?

As the Independent Director of Globalstar, the total compensation of Michael Lovett at Globalstar is $50,000. There are 5 executives at Globalstar getting paid more, with David Kagan having the highest compensation of $695,754.



How old is Michael Lovett?

Michael Lovett is 58, he's been the Independent Director of Globalstar since 2018. There are 7 older and 7 younger executives at Globalstar. The oldest executive at Globalstar Inc. is William Hasler, 78, who is the Independent Director.

What's Michael Lovett's mailing address?

Michael's mailing address filed with the SEC is 1351 HOLIDAY SQUARE BLVD, , COVINGTON, LA, 70433.

Insiders trading at Globalstar

Over the last 18 years, insiders at Globalstar have traded over $147,364,842 worth of Globalstar stock and bought 254,430,480 units worth $217,063,247 . The most active insiders traders include James Iii Monroe, Paul E Jacobs und James F Lynch. On average, Globalstar executives and independent directors trade stock every 40 days with the average trade being worth of $4,060,045. The most recent stock trade was executed by Rebecca Clary on 3 September 2024, trading 75,000 units of GSAT stock currently worth $93,750.



What does Globalstar do?

globalstar is a leading provider of mobile satellite voice and data services. globalstar offers these services to commercial customers and recreational consumers in more than 120 countries around the world. the company's products include mobile and fixed satellite telephones, simplex and duplex satellite data modems, the spot family of mobile satellite consumer products including the spot satellite gps messenger™ and flexible airtime service packages. many land based and maritime industries benefit from globalstar with increased productivity from remote areas beyond cellular and landline service. global customer segments include: oil and gas, government, mining, forestry, commercial fishing, utilities, military, transportation, heavy construction, emergency preparedness, and business continuity as well as individual recreational consumers. globalstar data solutions are ideal for various asset and personal tracking, data monitoring and scada applications. for more information regarding



What does Globalstar's logo look like?

Globalstar Inc. logo

Complete history of Mr. Lovett stock trades at Charter Communications und Globalstar

Datum
#
Unternehmen
Insider
Trans.
Transaktion
Anzahl der Aktien Preis je Aktie Gesamtpreis Anzahl der Aktien nach Quelle
14 Nov 2022 Michael J Lovett
Direktor
Optionausübung 199,999 $0.47 $94,000
14 Nov 2022
588,467
11 Aug 2008 Michael J Lovett
SVP und Operations Support
Verkauf 81,475 $1.09 $88,808
11 Aug 2008
4,077,246
31 Mar 2008 Michael J Lovett
SVP und Operations Support
Verkauf 37,679 $0.90 $33,911
31 Mar 2008
4,158,721
10 May 2007 Michael J Lovett
SVP und Operations Support
Verkauf 166,314 $3.50 $582,099
10 May 2007
968,186
1 Mar 2007 Michael J Lovett
SVP und Operations Support
Verkauf 16,686 $3.03 $50,559
1 Mar 2007
295,094
29 Nov 2006 Michael J Lovett
SVP und Operations Support
Verkauf 70,887 $3.08 $218,332
29 Nov 2006
311,780
8 Jun 2006 Michael J Lovett
SVP und Operations Support
Verkauf 8,113 $1.15 $9,330
8 Jun 2006
328,667


Globalstar executives and stock owners

Globalstar executives and other stock owners filed with the SEC include: